Summary
SBI Ventures Asset acquired majority control of Coinhako on July 16.
The deal is the fifth SBI digital-asset move in five weeks, alongside JPYSC, Bitbank, EDX Markets, and SBI Solana Global.
JPYSC remains restricted to SBI VC Trade accounts with no external wallet access.
The Bitbank acquisition still requires Japan’s Fair Trade Commission approval.
SBI Ventures Asset Pte. Ltd. closed on a majority stake in Coinhako on July 16, folding Southeast Asia’s longest-running licensed crypto exchange into a Japanese financial conglomerate that already counts more than 14 million users across its brokerage, banking, and insurance arms. Taken on its own, the deal looks like a routine acquisition in a year full of them. Taken alongside everything SBI Holdings has announced since late June, four other announcements in five weeks, the Coinhako purchase reads as the final piece of a corridor SBI has been assembling in full public view over five weeks. SBI’s buildout looks different f
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